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2017-11-29 10:50:04

NUAN

Nuance

$15.86

0.55 (3.59%)

10:50

11/29/17

11/29

10:50

11/29/17

10:50

Nuance calls active as shares jump on earnings

Nuance calls active as shares jump on earnings. The stock up $1.14 to $17 and 2.8K Jan 16 calls traded, as players are likely closing ITM positions as shares spike above the $16 level. Dec 15 and 17 calls are next most active. Total volume is 4X daily average at 9.4K calls and just 300 puts. 30-day implied volatility is down 35% after reaching 52-week highs of 49 yesterday ahead of the results.

NUANNuance

$15.86

0.55 (3.59%)

11/29/17

DBAB

11/29/17NO CHANGETarget $25DBABBuy

Nuance has regained its footing, says Deutsche Bank

Deutsche Bank analyst Nandan Amladi says Nuance Communications posted a "nice beat" last night. The analyst upped his price target for shares to $25 from $23 and reaffirms a Buy rating on the name. Commentary on the pipeline and bookings suggest Nuance has regained its footing, Amladi tells investors in a post-earnings research note.

11/27/17

DBAB

11/27/17NO CHANGETarget $23DBABBuy

Nuance sentiment seems 'washed out,' says Deutsche Bank

Deutsche Bank analyst Nandan Amladi views investor sentiment on Nuance Communications as "washed out" into the company's Q4 results tomorrow. The shares have remained flat for the year while the Software sector has appreciated over 30%, Amladi tells investors in a pre-earnings research note. The analyst, however, sees "reasons to remain optimistic." While the late June malware attack set back revenue growth for fiscal 2018, Nuance's bookings will "remain healthy," Amladi writes. He keeps a Buy rating on the shares with a $23 price target.

11/22/17

MSCO

11/22/17NO CHANGETarget $18MSCOOverweight

In-line guidance likely good news for Nuance, says Morgan Stanley

Morgan Stanley analyst Sanjit Singh attributes recent weakness in Nuance shares to concerns about its upcoming quarterly report and guidance, as well as the lack of an update on a new CEO. However, he predicts the results and FY18 guidance will come in largely in-line with expectations, which he thinks will be a positive for the stock. Singh maintains an Overweight rating and $18 price target on Nuance shares.

11/02/17

11/02/17UPGRADETarget $18Overweight

Nuance upgraded ahead of expected return to growth at Morgan Stanley

As previously reported, Morgan Stanley analyst Sanjit Singh upgraded Nuance to Overweight from Equal Weight, citing his view that Nuance is set to deliver positive organic growth through FY20. He believes contributions from auto, virtual assistants and Dragon Med Cloud will offset declines in Nuance's legacy segments, he tells investors. A growth inflection should lead to a rerating of the shares, which currently trade at a 34% discount to peers, noted Singh, who keeps an $18 price target on Nuance.

AT&T Mobility has reached a tentative agreement with the Communications Workers of America in Mobility Orange contract negotiations. The four-year agreement, which will be submitted to the union's membership for a ratification vote in coming days, covers about 20,000 employees in 36 states and the District of Columbia - AT&T's Mobility Orange unit, which encompasses CWA Districts 1, 2-13, 4, 7 and 9.

Pfizer announced that the United States FDA has approved IXIFI, a chimeric human-murine monoclonal antibody against tumor necrosis factor, as a biosimilar to Remicade for all eligible indications of the reference product. The FDA has approved IXIFI as a treatment for patients with rheumatoid arthritis, Crohn's disease, pediatric Crohn's disease, ulcerative colitis, ankylosing spondylitis, psoriatic arthritis, and plaque psoriasis.

Western Alliance Bancorporation announced that during the first quarter of 2018 Robert Sarver will transition from Chairman and CEO to Executive Chairman. In conjunction with Sarver's change in role, Ken Vecchione will be promoted to Chief Executive Officer, Dale Gibbons to Vice Chairman and Chief Financial Officer, and James Haught to President and Chief Operating Officer, all effective April 1, 2018.

Aqua America announced that President and CEO Christopher H. Franklin has been elected chairman of the board, effective Jan. 1, 2018. Franklin became CEO in July 2015 and has served on the board of directors since October 2015. He succeeds Nicholas DeBenedictis, former CEO, who will continue to serve on the board as chairman emeritus.